Looking at the universe of stocks we cover at Dividend Channel, on 1/2/15,
As a percentage of TD's recent stock price of $47.79, this dividend works out to approximately 0.98%, so look for shares of Toronto Dominion Bank to trade 0.98% lower — all else being equal — when TD shares open for trading on 1/2/15. Similarly, investors should look for BNS to open 1.15% lower in price and for CSCO to open 0.67% lower, all else being equal.
Below are dividend history charts for TD, BNS, and CSCO, showing historical dividends prior to the most recent ones declared.
Toronto Dominion Bank (NYSE: TD):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.93% for Toronto Dominion Bank, 4.61% for Bank of Nova Scotia Halifax, and 2.69% for Cisco Systems, Inc..
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In Wednesday trading, Toronto Dominion Bank shares are currently trading flat, Bank of Nova Scotia Halifax shares are trading flat, and Cisco Systems, Inc. shares are off about 0.3% on the day.
